Spot Daily Review of SMM Aluminium bars on April 28, 2020

SMM, 28 April:

Today, aluminum bar processing fees rise or fall. Foshan area aluminum bar processing fee Φ 90 quoted 700-740 average price 720, Φ 120 quoted 680-720 average price 700, Φ 178 quoted 670-710, average price 690; Wuxi aluminum bar processing fee Φ 90 quoted 690730 average price 710, Φ 120 quoted 650-690 average price 670, Φ 178 quoted 630670, average price 650. Spot base prices in Guangdong and Shanghai rose slightly, processing fees in Foshan area stopped falling and rebounded, price center of gravity rose slightly, holders limited sale, automobile transportation quotation rose to 750 yuan / ton, Wuxi processing fee fell slightly, mainstream quotation maintained at 650700 yuan / ton, downstream just needed less mining, transaction general.

(SMM Child Forest 075785511521)